Upstream Oil & Gas

Harbour Energy expands North Sea footprint with $170 million Waldorf acquisition

LONDON (WO) — Harbour Energy has agreed to acquire most subsidiaries of Waldorf Energy Partners Ltd. and Waldorf Production Ltd. for $170 million, the...

Harbour Energy to Buy Waldorf Subsidiaries for $170MM

Harbour Energy Plc, one of the largest independent oil and gas firms in the UK, agreed to pay $170 million for all the subsidiaries...

Oil Drifts Lower Despite Geopolitical Tensions

Oil prices edged down in choppy trading, with US crude falling to the lowest since May, as weakness in US equities markets added to...

EIA Ups Brent Price Forecast, Still Sees Drop in 2026

In its latest short term energy outlook (STEO), which was released on December 9, the U.S. Energy Information Administration (EIA) increased its Brent price...

What defined gas trading in 2025: five moments that mattered

Gas trading in 2025 was shaped by abrupt disruptions, shifting trade flows, and key milestones in North American and European supply. While many of...

What growing demand and large-load dynamics mean for US gas and power

The structural growth in electricity demand driven by the rapid pace of data centre and other large-load buildout is getting a lot of attention...

Biomethane price puzzle: why demand-side policy is the missing piece

The European biomethane sector stands at a crossroads. European production capacity has surged, increasing by 14% in 2023 and 25% in 2024, but sustainable...

Aiming for the big prize in US unconventional oil and gas

The US shale gas and tight oil revolution is rightly hailed as a triumph for the industry. What is often less widely appreciated is...

Valaris drillship to work for Shell offshore Brazil

Bermuda-headquartered drilling contactor Valaris has won a multi-year contract worth around $300 million for its drillship Valaris DS-8 from UK supermajor Shell. The contract, expected...

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